CMC Markets expects London’s FTSE 100 index to open 18 points lower at 7666, having closed down by 10 points last night. On futures markets, the price of Brent Crude has edged up to $78…
Monthly Archives For January 2024
Lazada layoffs suggest spinoff, IPO of Alibaba unit might not be on the horizon
NEWS on Jan 3 about layoffs ripping through Lazada may have come as a shock to many observers. But to some industry watchers, the cost-cutting measures might be a case of too little, too late.…
A King Kong-like ape once roamed southern China. Scientists say they now know why and when it disappeared
The largest ape on record stood nearly 10 feet tall. New research on cave fossils in southern China has shed light on the mysterious demise of Gigantopithecus.
Missouri lawsuit accusing China of hoarding pandemic gear can proceed, appeals panel says
A Missouri lawsuit accusing China of hoarding masks and other protective gear during the COVID-19 pandemic can move forward, federal judges ruled Wednesday. A panel of the U.S. Eighth District Court of Appeals panel,
Missouri’s lawsuit against China to proceed on grounds that it hoarded PPE during COVID-19
The Missouri lawsuit alleging that China caused and exacerbated the pandemic is allowed to proceed, in part on allegations that China hoarded PPE.
Nvidia extends record run as robust AI-chip demand offsets China concern
Nvidia stock is on its longest winning streak since the AI-chip maker’s blowout second-quarter earnings in May.
China agrees to slash ‘exorbitant’ import tariffs on SA’s unique rooibos
S ome good news this week for the rooibos industry – China has agreed to slash its tariffs on imports of the uniquely South African product by more than half. Previous tariffs ran …
The Latest Bankruptcy Suggests the Worst Is Not Over in China’s Economy
With Zhongzhi filing for bankruptcy due to liquidity issues and an inability to repay debts, echoes of the Evergrande and Country Garden crises resurface, indicating a systemic problem within China’s …
China launches Einstein probe to hunt for X-ray bursts in space
A probe designed to scour the sky for bursts of X-rays that could help illuminate mysterious phenomena linked to black holes and merging stars, took flight this week.
China claims it cracked Apple’s AirDrop encryption to identify senders and monitor ‘inappropriate speech’
Apple’s AirDrop has been used by dissidents in China to send messages, but officials now say they can hack it.
Maldives upgrades ties with China amid pivot from India
China and the Maldives upgraded their relationship on Wednesday during newly elected President Mohamed Muizzu’s first state visit to Beijing, following a campaign in which he cast China’s regional rival India as a threat to…
China satellite launch triggers air raid alert in Taiwan ahead of election
A rocket carrying the Einstein Probe satellite lifted off from China, causing alarm in Taiwan. Taiwan issued an islandwide air raid alert after a Chinese satellite flew over its s
China Says Told US Will ‘Never Compromise’ On Taiwan In Military Talks
Chinese military officials told their US counterparts Beijing will “never compromise” on the issue of Taiwan, the defence ministry said Wednesday, after the two sides held talks in Washington.
